Industry News
Retail investors have been buying the dip as Nio, Xpeng shares plunge
Nio, Xpeng, and Alibaba were among the six most purchased single stocks through this week, with Nio attracting at least $105 million, Vanda Research said in a report released Wednesday.
China's first hydrogen refueling station with hydrogen production starts trial operation
A hydrogen refueling station with hydrogen production capacity built by Guangdong-based Foran Energy started trial operation on July 28, the first of its kind in China.
Geely looks to expand presence in overseas markets through new partnership
Geely said it entered into a strategic partnership with international auto retail giant Inchcape Group on July 26 to jointly tap global markets.
China's car sales expected to reach 30 million units by 2025, report says
China's auto market has seen steady growth, with sales expected to reach a record high of 30 million units by 2025, a new report said.
Safety concerns biggest deterrent for people to buy EVs, survey shows
The poll drew 16,000 participants, with 9,246 saying they were worried about safety, or 58 percent. A total of 3,981 people said they were worried about range, or 25 percent.
GAC says it aims for half of its vehicle sales to be NEVs by 2035
GAC aims to reach 3.5 million vehicles in both production and sales by 2025, with a compound annual growth rate of more than 10 percent and a market share of more than 12 percent.
Anhui aims to produce over 10% of China's NEVs by 2023
Anhui accounted for about 7 percent of China's NEV production in the first half of the year.
GAC Aion shows technology with charging speed comparable to refueling
The company's 3C high-rate fast charging technology enables vehicles to be charged from 0 to 80 percent in 16 minutes, with a charging time of 10 minutes for 30 percent to 80 percent charge.
Nio's OEM JAC expects to turn profitable in H1
JAC Motors expects to turn around to profit in the first half of the year, with net profit attributable to shareholders of the listed company amounting to RMB 480 million ($73.7 million).
Prices of semi-solid-state batteries expected to drop to level of liquid lithium batteries by next year, expert says
Solid-state batteries, or semi-solid-state batteries, may enter mass use sooner than people expect.
